# Actual/Actual; also ACT method, bond basis and ISMA Rule 251 (ISMA = International Securities Market Association); often abbreviated to act./act

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- Post ID: 588166
- Modified: 2023-07-25T20:47:13+00:00
- Language: en

## Definition

) Interest day count in which the actual number of calendar days and the year is calculated as 365 days. - Actual/360 is based on the year with 360 days. - See Accrual principle, Effective interest rate, Eurointerest method, Interest day count. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

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